Texas Administrative Code

Texas Administrative Code

TITLE 22	EXAMINING BOARDS
PART 22	TEXAS STATE BOARD OF PUBLIC ACCOUNTANCY
CHAPTER 517	PRACTICE BY CERTAIN OUT OF STATE FIRMS AND INDIVIDUALS
RULE §517.1	Practice by Certain Out of State Firms

(a) A firm is required to hold a firm license if the firm establishes or maintains an office in this state.

(b) A CPA firm that is licensed and has its primary place of business in another state and is not required to hold a firm license pursuant to subsection (a) of this section may practice in this state without a firm license or notice to the board if the firm's practice in this state is performed by an individual who holds a license under Chapter 515 of this title (relating to Licenses) or who practices under a privilege pursuant to §517.2 of this chapter (relating to Practice by Certain Out of State Individuals).

(c) A firm described by subsection (b) of this section may exercise all the practice privileges of a firm license holder only if:

(1) the firm complies with the board's peer review program found in Chapter 527 of this title (relating to Peer Review); and

(2) the services are performed by an individual who holds a license under this chapter or practices under a privilege provided in §517.2 of this chapter and §901.462 of the Act (relating to Practice by Out-of-State Practitioner with Substantially Equivalent Qualifications).

Source Note: The provisions of this §517.1 adopted to be effective October 11, 2007, 32 TexReg 7063; amended to be effective August 17, 2008, 33 TexReg 6380; amended to be effective August 8, 2012, 37 TexReg 5782; amended to be effective March 31, 2021, 46 TexReg 2020